Haoxin Holdings Ltd’s Quiet Period Set To End on May 26th (NASDAQ:HXHX)

Haoxin’s (NASDAQ:HXHX) quiet period is set to end on Monday, May 26th. Haoxin had issued 1,750,000 shares in its public offering on April 15th. The total size of the offering was $7,000,000 based on an initial share price of $4.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Haoxin Stock Performance

NASDAQ HXHX opened at $1.45 on Monday. Haoxin has a 1-year low of $1.35 and a 1-year high of $6.29.

About Haoxin

We are a provider of temperature-controlled truckload service and urban delivery services in China with over 21 years of experience in the transportation industry. We started our urban delivery service business in 2003 and started expanding our business into temperature-controlled truckload service in 2016.